Educational Debt, Loan-Frogiveness and Adverse Selection in the Market for Lawyers

Robert Sauer

Working Papers from Tel Aviv - the Sackler Institute of Economic Studies

Abstract: This paper analyzes the effect of educational debt and loan-forgiveness programs on both law school entry decisions and the subsequent career choices of law school graduates using a dynamic optimization model and data on several cohorts of graduates from the University of Michigan Law School.

Keywords: EDUCATIONAL COSTS; DEBT; OPTIMIZATION (search for similar items in EconPapers)
JEL-codes: C61 I22 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavsa:6-97

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